RBC Capital Maintains Sector Perform on Upwork, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brad Erickson maintains a Sector Perform rating on Upwork (NASDAQ:UPWK) and lowers the price target from $18 to $15.
May 02, 2024 | 2:38 pm
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RBC Capital maintains a Sector Perform rating on Upwork and lowers the price target from $18 to $15.
The reduction in price target by RBC Capital suggests a bearish outlook on Upwork's short-term price potential, likely due to anticipated underperformance or market conditions affecting the company. This adjustment could lead to a negative investor sentiment and potentially decrease the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100